Cost of Living Adjustment

Moments ago, the Office of Manpower and Budget (OMB) released the Consumer Price Index (CPI) for 2012. The CPI increased 1.7 percent in 2012. As a result, Social Security recipients, military and federal retirees will be authorized a 1.7 Cost-of-Living Allowance (COLA) adjustment increase effective December 1, 2012. This increase will be reflected in their January 1, 2013, checks.

This bulletin was cross-posted from HQAFSA.org, the official website for the Air Force Sergeants Association Headquarters. It has been posted here for your convenience. Visit HQAFSA.org for more updates!

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